Wednesday 1 July 2015

EXPECTED DA FROM JULY 2015-----6%

The All-India CPI-IW (AI CPI-IW) for the month of May 2015 has been released by the Labour Bureau, Government of India. The index increased by two points from the previous month and now stands at 256. Now with 11 of 12 indices that is required to calculate the dearness allowance from July 2015 being available, it can be assumed that the Dearness Allowance from July 2015 will be 119%. A reasonable positive or negative change in the indices in the month of June may not change the calculation.

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